HSBC
HSBC arranging $1.3 billion for chemical industries
The Hongkong and Shanghai Banking Corporation Limited (HSBC) has arranged USD1.3 billion financing for Bangladesh Chemical Industries Corporation (BCIC) to set up its Ghorasal Polash Urea Fertilizer Project (GPUFP).
HSBC’s top shareholder calls for its break-up
HSBC Holdings’s largest shareholder, Chinese insurance giant Ping An, has called for a break-up of the London-based bank, a source familiar with the matter said on Friday.
HSBC arranging $1.3 billion for chemical industries
The Hongkong and Shanghai Banking Corporation Limited (HSBC) has arranged USD1.3 billion financing for Bangladesh Chemical Industries Corporation (BCIC) to set up its Ghorasal Polash Urea Fertilizer Project (GPUFP).
Oil price falls below $28 a barrel
The oil price falls below $28 a barrel amid fears the lifting of Western sanctions on Iran could worsen the existing oversupply problem.
Global economy loses steam as Chinese, European factories falter
World economic growth lost momentum in September, with China's factory output shrinking again, euro zone manufacturing growth slowing, and US activity steady.
HSBC fires staff for mock IS execution video
British bank HSBC fires six staff after they filmed a mock Islamic State-style execution video during a team-building day out and posted footage online.
HSBC to cut 20,000 jobs globally
HSBC, Europe's biggest bank, is planning to cut 20,000 jobs around the world as it tries to reduce costs and simplify its business.
UK banks launch Fifa investigation
Two UK banks have started internal reviews into whether they were used for corrupt payments by Fifa officials.
Asia stocks fall on factory data
Asia's two largest economies, China and Japan witness factory activity expand at a slower pace in March, suggesting that their recovery may be losing momentum
Dollar drop is worst since 2011 as investors rethink Fed policy
The dollar slumps the most since October 2011 after the Federal Reserve reduced projections for interest- rate increases and expressed concern the dollar's surge is weighing on exports and inflation
Swiss cops raid HSBC's Geneva office
Swiss police are searching offices of the Geneva subsidiary of HSBC bank in an inquiry into alleged money-laundering